Government-induced competition rarely works

A U.S. program to increase competition in meat-packing won’t work

Government-induced competition rarely worksUnited States President Joe Biden recently introduced a billion-dollar program to lower food inflation by increasing competition in meat-packing. It’s likely ill-fated. A few weeks ago, a damning report out of Washington suggested the top U.S. meat-packing plants have increased profit margins by 300 per cent since the beginning of the COVID-19 pandemic. The report,…

The meat of the matter: don’t expect shortages

Packing plant closures can be disruptive and, for farming, disastrous. But they can be necessary to protect the public

The meat of the matter: don’t expect shortagesAs COVID-19 ravages communities across North America, many analysts believe meatpacking plants, where employees work close to each other, are the next focal point of the spread of the virus. We’re likely in the worst of it now. More than a dozen North American meatpacking plants have closed over the last two weeks, with at…